Chatham University

Accounting (MAcc) Curriculum

Made possible by a generous grant from The PNC Foundation, Inc.

The Master of Accounting (MAcc) program is designed to help prepare students with or without an accounting background to take advantage of the many opportunities available in the field of accounting while providing students with the skills and knowledge necessary for taking the CPA and/or the CMA examinations. Whether a student desires to work in private industry, the not-for-profit sector, or governmental entities, a degree in accounting can lead to a dynamic career with skills that are highly valued in the marketplace. The MAcc is a flexible program designed to fit the student’s career goals and is available to college graduates of all majors. To sit for the CPA exam you will need: 150 credits in total of post-secondary education including at least 36 credits of accounting-related subjects.

Undergraduate degree, 12 credits of college-level accounting courses or the equivalent, proficiency in written and oral communications, college level math and computer usage, including word processing, spread sheets, databases, and the Internet, are required.

Program Design:
The MAcc requires students to take 30 graduate credits. Eight courses (24 credits) are required core courses, and two (6 credits) are electives which students can choose based on educational needs and career interests.

Program Requirements

+Degree Requirements

Prerequisites: 12 credits or equivalent

ACT222 Financial Accounting Principles I

This course represents an introduction to accounting principles including the accounting process, double-entry bookkeeping, adjusting entries, and the preparation of financial statements. The objectives of this course are to make students aware of the importance of accounting information in every type of organization (private business, not-for-profit, and governmental).

3
ACT322 Intermediate Accounting I

This course engages the student in a comprehensive study of generally accepted accounting principles as they relate to the measurement and reporting of assets and income. Students will examine the nature, composition, valuation, and classification of balance sheet items.

3
ACT323 Intermediate Accounting II

This course follows Intermediate Financial Accounting I up with the application of generally accepted accounting principles related to intangibles, bonds, debt and loans, partnerships, corporations, and analysis of working capital.

3
ACT324 Individual Tax Accounting

The primary emphasis of the course is on the income taxation of individuals, but the course also includes an overview of the federal taxation of other forms of business organization (e.g., corporations, partnerships). The focus of the course is on developing knowledge of tax law and its application.

3

+Core Courses

24 credits

ACT222 Financial Accounting Principles I

This course represents an introduction to accounting principles including the accounting process, double-entry bookkeeping, adjusting entries, and the preparation of financial statements. The objectives of this course are to make students aware of the importance of accounting information in every type of organization (private business, not-for-profit, and governmental).

3
ACT322 Intermediate Accounting I

This course engages the student in a comprehensive study of generally accepted accounting principles as they relate to the measurement and reporting of assets and income. Students will examine the nature, composition, valuation, and classification of balance sheet items.

3
ACT323 Intermediate Accounting II

This course follows Intermediate Financial Accounting I up with the application of generally accepted accounting principles related to intangibles, bonds, debt and loans, partnerships, corporations, and analysis of working capital.

3
ACT324 Individual Tax Accounting

The primary emphasis of the course is on the income taxation of individuals, but the course also includes an overview of the federal taxation of other forms of business organization (e.g., corporations, partnerships). The focus of the course is on developing knowledge of tax law and its application.

3

+Electives

Choose 6 credits below

ACT222 Financial Accounting Principles I

This course represents an introduction to accounting principles including the accounting process, double-entry bookkeeping, adjusting entries, and the preparation of financial statements. The objectives of this course are to make students aware of the importance of accounting information in every type of organization (private business, not-for-profit, and governmental).

3
ACT322 Intermediate Accounting I

This course engages the student in a comprehensive study of generally accepted accounting principles as they relate to the measurement and reporting of assets and income. Students will examine the nature, composition, valuation, and classification of balance sheet items.

3
ACT323 Intermediate Accounting II

This course follows Intermediate Financial Accounting I up with the application of generally accepted accounting principles related to intangibles, bonds, debt and loans, partnerships, corporations, and analysis of working capital.

3
ACT324 Individual Tax Accounting

The primary emphasis of the course is on the income taxation of individuals, but the course also includes an overview of the federal taxation of other forms of business organization (e.g., corporations, partnerships). The focus of the course is on developing knowledge of tax law and its application.

3